BTC will never to break 120$ before the next halving! Share your opinion....

[Barikui1]

I would agree with you if we were already in a bear market, but I don't think that's the situation right now. Because I believe the market remains the same, the overall market structure hasn't changed much, and when a bear market arrives, it will be as harsh as ever. I don't believe in theories like "this time will be different" just because organizations or companies are involved.

However, I think we haven't entered a bear market yet, and the market's upward momentum hasn't completely disappeared. Therefore, it's too early to say that Bitcoin will never surpass $120k until the next halving.

I understand your sentiment here bro, and your point is quite valid, we are not going to conclude yet because Bitcoin is expected to test the $78k support on the monthly timeframe, so if it can break and close below it, then it will be obvious that the bear market is in full swing, but if it reversed from there after finish testing that point, then let's be assured that it may reverse and get up to that $120k mark or even more than that figure the op think it's impossible, but I wouldn't be that bothered about this because the goal is to hold for years, not by looking too deep into what the value of Bitcoin is doing now.

[MusaPk]

If we analyze the movement of bitcoin prices by referring to the cycle or by relying on the history of past movements, we will indeed say that we have to wait for the next four-year cycle to be able to see a new ATH in bitcoin prices and this analysis is still relevant today, but we need to realize that sometimes other external encouragement or support can also accelerate the price of bitcoin to create a new ATH, for example, if all institutions start adopting bitcoin simultaneously and governments issue regulations that are friendly to bitcoin in all countries, then the factor of this support can also accelerate bitcoin to reach a new ATH without having to wait for the four-year cycle.

We saw massive increase in price of Bitcoin before last halving mainly because of Bitcoin ETF launch. As far as Bitcoin ATH concerned, we have seen that in start of Oct and it's not fair to expect from Bitcoin to have ATH every other month. Bitcoin price is moving around 90,000$ for almost a week and this shows that Bitcoin may jump to 100,000$ in coming days. We must also remain ready for price swing in downward direction because Bitcoin price is unpredictable and can go in any direction. If price goes down then it may take time for Bitcoin to make it to 100,000$.

[michellee]

It is just a matter of time before Bitcoin returns to $120k. While Bitcoin has already hit $126k as a new ATH, it may be a time for Bitcoin to go down, continue its journey and wait for the time to rise. We still have time to wait and see what will happens so we can calm down and continue accumulating.

If Bitcoin can't increase even reach $100k, we may see another bear market. So that will be a good time to prepare for the next bull run. Nothing to worry about and focus on accumulating because the market may restart as usual. But if the price increases next year and goes back to $100k, that is good for us.